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Q2/2021 U.S. earnings were up significantly YoY, largely due to lower PCL as the prior year reflected elevated provisions from the impact of the onset of the COVID-19 pandemic
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Highlights. The pace of the global economic recovery remained relatively strong in Q2, growing at an annualized rate of 5.6% quarter-over-quarter. However, some global growth forecasts have been revised down for 2021 due to the continued spread of the Delta variant.
Q2 2021 vs. Q1 2021 PCL on loans of $(83) million decreased $204 million from last quarter, primarily due to lower provisions in Personal & Commercial Banking and Capital Markets, partially offset by higher recoveries in Wealth Management in the prior quarter.
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TORONTO, May 27, 2021 — Royal Bank of Canada (RY on TSX and NYSE) today reported net income of $4.0 billion for the quarter ended April 30, 2021, up $2.5 billion from the prior year. Diluted EPS was $2.76, up significantly over the same period.
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Jul 1, 2021 · The Morningstar U.S. Market Index ended the second quarter up 8.4%, adding to a 6% return posted in the first quarter. The index hit a new record high on the last day of the quarter and has gained...
- Katherine Lynch
Aug 13, 2021 · The first notable feature of the Q2 earnings season is the impressive momentum on the revenue side, both in terms of growth rate, as well as the beats percentages.
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Jul 30, 2021 · Vancouver, B.C. – TELUS Corporation today released its unaudited results for the second quarter of 2021. Consolidated operating revenues and other income increased by 10 per cent over the same period a year ago to $4.1 billion.
